I'm evaluating two mobile home parks with about 70 pads between the two. Both properties have separate electric & water meters but the property is on septic systems. I'm not familiar with septic systems. What are ...
Thinking about purchasing an investment property.
I can get a VA loan that will buy up to a quad without any money down up to about $125k. Loan would be at about 4 to 4.5%.
I can get a bank loan with 20% down. Onl...
Hi all,I am going to see a property this week that has fuses in lieu of circuit breakers. I am planning on replacing the fuse box, but I am wondering what other work this may trigger. The house was built in 1960, so...
Hey BP,I'm on the hunt for my first investment property. Although I own one rental, it was originally our main residence and not intended to be a rental. I am focused on SFRs or small MFRs, particularly in the Winds...
Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
Evening BP community...question for the Lenders in the room that are smarter than me...So I have a potential deal...and this is how I would like to structure it...if possible350K purchase price on a SFR...80 % convent...
Good morning all,
So I am on this site every single day, and I love it. I haven’t been posting anything because I have been trying to contain my excitement about this whole process. We (my wife and I) had decided to...
I had asked this before, but did not have the supporting links, so I am asking again with reference. My father in Law would like to burrow money so he can buy a new house. I would provide a bridge loan secured by the ...
My wife and I are closing in on our first multifamily property, and I'm really enjoying daydreaming about all the positive cash flow and how I'm going to enjoy it. (Don't anybody burst my bubble.)I'm curious about a c...
Hi all, Im fairly new to investing although i’ve been reading/watching podcasts for a while. I became a landlord by default when i inherited property but am looking to expand. I have been looking at Detroit but have ...